Carlos Slim

Would-be billionaires, or even millionaires, ought to study the contrarian business and investing practices of Carlos Slim, the world’s richest man. What is the secret behind Slim’s vast (US$69 billion) wealth? Step back to 1982 when Mexico, as a petroleum exporter, found it very easy to borrow international funds. Money came flooding in from around the world, much of it finding its way into bad investments. Projects were carried out that ironically allowed bad economic policy to continue...Read Full Story

PARIS/AMSTERDAM, May 30 (Reuters) - Mexican tycoon Carlos Slim launched his offer to buy up to 27.7 percent of Dutch telecoms group KPN on Wednesday, giving KPN just four weeks to come up with a plan... < Prev   Next >Read Full Story

Nearly 1,000 Latino leaders, students, community activists and others from across the U.S. will come to the National Mall in Washington DC this Sunday, May 20th, 2012 to protest the presentation of Carlos Slim, the world’s richest man, with an honorary degree from George Washington University during its graduation ceremony.  According to the ‘Two Countries One Voice’ coalition this effort is:  “committed to exposing Slim’s predatory, monopolistic methods with which he has amassed his fortune...Read Full Story

Mexican immigrant groups in the United States threatened Tuesday to boycott telephone companies owned by Mexican mogul Carlos Slim to protest what they say are abusive charges."Carlos Slim's monopolistic practices have imposed significant costs to the Mexican economy and burdened the people of Mexico and Latin America," said Juan Jose Gutierrez, of the nonprofit organization VAMOS Unidos USA.Gutierrez, speaking at a news conference at the National Press Club in Washington, said there was a...Read Full Story

Latino leaders from across the United States have formed a coalition dedicated to exposing Carlos Slim, the world’s richest man, and the alleged predatory, monopolistic methods with which he has amassed his fortune. “People are in awe of this man and his wealth while ignoring how he’s acquired it. He has crippled the Mexican economy through his business practices and has single handedly kept millions in poverty, all while lining his own pockets,” said Andres Ramirez, coalition spokesperson...Read Full Story